First National Bank of Mount Dora Trust Investment Services Lowers Holdings in JPMorgan Chase & Co. (NYSE:JPM)

First National Bank of Mount Dora Trust Investment Services decreased its position in JPMorgan Chase & Co. ( NYSE:JPM ) by 1.2% in the fourth quarter, Holdings Channel reports.

The institutional investor owned 25,382 shares of the financial services provider’s stock after selling 299 shares during the period. JPMorgan Chase & Co. accounts for about 1.



4% of First National Bank of Mount Dora Trust Investment Services’ portfolio, making the stock its 25th largest position. First National Bank of Mount Dora Trust Investment Services’ holdings in JPMorgan Chase & Co. were worth $6,084,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Mizuho Securities Co. Ltd.

purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at approximately $25,000. Catalyst Capital Advisors LLC acquired a new position in shares of JPMorgan Chase & Co.

during the 3rd quarter valued at about $27,000. Fairway Wealth LLC acquired a new stake in JPMorgan Chase & Co. during the second quarter worth about $32,000.

West Financial Advisors LLC acquired a new position in JPMorgan Chase & Co. in the 3rd quarter valued at about $37,000. Finally, New England Capital Financial Advisors LLC grew its stake in shares of JPMorgan Chase & Co.

by 38.5% in the 3rd quarter. New England Capital Financial Advisors LLC now owns 180 shares of the financial services provider’s stock valued at $38,000 after buying an additional 50 shares during the period.

Institutional investors and hedge funds own 71.55% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts have issued reports on JPM shares.

Wolfe Research raised JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price for the company in a research note on Friday, January 3rd.

UBS Group upped their price objective on shares of JPMorgan Chase & Co. from $276.00 to $287.

00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley cut JPMorgan Chase & Co. from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $220.

00 to $224.00 in a research note on Monday, September 30th. Daiwa Capital Markets decreased their target price on JPMorgan Chase & Co.

from $240.00 to $235.00 and set an “overweight” rating on the stock in a research note on Thursday, October 10th.

Finally, Keefe, Bruyette & Woods boosted their price target on shares of JPMorgan Chase & Co. from $257.00 to $264.

00 and gave the stock a “market perform” rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $251.

78. Insider Buying and Selling at JPMorgan Chase & Co. In other JPMorgan Chase & Co.

news, General Counsel Stacey Friedman sold 3,303 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction of $838,763.

82. Following the transaction, the general counsel now owns 47,620 shares in the company, valued at approximately $12,092,622.80.

The trade was a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website .

0.79% of the stock is currently owned by corporate insiders. JPMorgan Chase & Co.

Price Performance Shares of NYSE:JPM opened at $259.46 on Monday. The company’s fifty day moving average price is $243.

50 and its 200 day moving average price is $224.41. The firm has a market capitalization of $730.

47 billion, a P/E ratio of 14.44, a P/E/G ratio of 3.16 and a beta of 1.

11. JPMorgan Chase & Co. has a 12 month low of $165.

24 and a 12 month high of $260.62. The company has a debt-to-equity ratio of 1.

27, a current ratio of 0.89 and a quick ratio of 0.89.

JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last announced its earnings results on Wednesday, January 15th. The financial services provider reported $4.

81 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78.

The business had revenue of $42.77 billion for the quarter, compared to analysts’ expectations of $41.90 billion.

JPMorgan Chase & Co. had a net margin of 19.64% and a return on equity of 16.

71%. The company’s quarterly revenue was up 10.9% on a year-over-year basis.

During the same period in the previous year, the company posted $3.04 EPS. As a group, sell-side analysts predict that JPMorgan Chase & Co.

will post 17.46 earnings per share for the current fiscal year. JPMorgan Chase & Co.

Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be issued a $1.25 dividend.

This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.93%.

The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.’s payout ratio is currently 27.

82%. About JPMorgan Chase & Co. ( Free Report ) JPMorgan Chase & Co operates as a financial services company worldwide.

It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. Featured Articles Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. ( NYSE:JPM – Free Report ). Receive News & Ratings for JPMorgan Chase & Co.

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